Colonial Park Fire Company No 1

Analysis

Colonial Park Fire Company No 1 is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Colonial Park Fire Company No 1 reported income of $279k and spending of $318k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $279k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 81% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Colonial Park Fire Company No 1 sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include R W & B T Volunteer Fire Company ($278k), Qualla Volunteer Fire Department ($279k) and The East New Market Volunteer Fire Department Incorporated ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.0% of the total. At year end it held assets of $611k against liabilities of $0, net assets of $611k.